NPRR #610 · Revision Request
NPRR610 Eliminate Late Fees and Late Fee Invoices
ReasonMarket efficiencies or enhancements.
Created2014-04-10
Approved2014-06-10
Sections Affected
9.1.29.7.39.7.49.199.19.2.220.9.1ERCOT Fee Schedule
Summary
This Nodal Protocol Revision Request (NPRR) eliminates late fees and related Late Fee Invoices. The imposition of late fees has not been effective in deterring late payments by Settlement Invoice Recipients. The late fees charged have not exceeded $100. Section 16.11.6.2, ERCOT’s Remedies for Late Payments by a Market Participant, sufficiently addresses late payments.
Timeline
- Mar 26 '14
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Apr 10 '14
PRS PRS MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR610 as submitted.” — Passed→ PRS for Impact Analysis review.
- Apr 16 '14
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May 15 '14
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC“To endorse and forward the 4/10/14 PRS Report and Impact Analysis for NPRR610 to TAC.” — Passed→ TAC for consideration.
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May 29 '14
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR610 as recommended by PRS in the 5/15/14 PRS Report.” — Passed→ ERCOT Board for consideration.
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Jun 10 '14
BOARD Board of Directors MeetingBOARDApproved Approved“To approve NPRR610 as recommended by TAC in the 5/29/14 TAC Report.” — Passed
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Posted since the last meeting